In the end, I switched to an insurance provider that quoted me $1,345, saving me $2,305 on my rental property each year! While I was at it, I asked this same insurance provider to give me an auto quote. With my previous insurer, I had been paying $1,811 for two cars in northern California. With the new insurer, it came to $1,277. That’s another savings of $534 on annual auto insurance premiums. If you’re keeping track, that’s $2,839 in annual savings on my insurance needs

Can’t promise you $2,839 in savings but it is worth a few minutes to find out.

Lake County auto insurance quotes

Porter County auto insurance quotes

Homeowners insurance quote

Covered persons are the named insured, spouse, or any family member when occupying a motor vehicle, or as a pedestrian when struck by a vehicle. Also covered is any individual, other than the named insured and family, while occupying a covered auto. Covered people are protected while entering or leaving an auto.

Typical coverages: $1000, $3000, $5000, $25,000, $50,000 and $100,000.

What does all this mean? Auto liability coverage protects you when you cause bodily injury to someone outside your family or vehicle. Medical payments covers your bodily injury in an accident. For example, if you slide through a stop sign into another car, liability will cover their medical cost up to the limit of coverage. If you slide through the stop sign into a tree and your wife suffers an injury, medical payments will cover her up to the limit of coverage. Medical will also cover passengers in your car (important if you’re the car pool mom) and cover your family in other accidents. Also, if your son is riding with a buddy and gets injured in an accident, your medical will cover your son if the friend’s coverage isn’t enough, up to the limits of your coverage.

It’s surprising how many consumers are unaware of how medical payment coverage can affect them or their family. They are willing to have $300,000 in coverage for someone they don’t know but only have $1000 in coverage for family. Upping coverage from $1000 to $25000 should be a few dollars a month. Next time your getting an auto quote ask what the difference between the coverages is.